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Nalezeno "oil": 459

Crude oil’s decline causes Canadian Dollar’s winning streak to snap

5.12.2023
Crude Oil prices are down, and the Canadian Dollar – CAD – is taking a huge blow on its face. The WTI Crude Oil has slipped below $74 per barrel. While Canada experienced a bump in Housing Starts in October, the market sentiments are down with the US Initial Jobless Claims....

Forex Brokers Gear Up for New Challenges as Crude Oil Prices Experience Sharp Decline

30.11.2023
There are notable changes in the global energy landscape, with a dramatic decline in crude oil. Unusually, this downturn has attracted OPEC and big players in the oil market, which has caused oil prices to fall much lower than expected. The change in the energy market and its effects on forex...

Binance to launch Thai exchange in joint venture with local energy giant

16.11.2023
Crypto services from Binance and Gulf Energy’s joint venture, Gulf Binance, will initially be available to Thai residents on an invitation-only basis

Data highlights Bitcoin's potential path to $40K amid global economic turbulence

7.11.2023
Robust BTC derivatives data indicates strong demand for leverage longs

Argentina Presidential Candidate Proposes Mining Bitcoin With Residual Natural Gas, Faces Skepticism

3.11.2023
Argentina’s presidential hopeful Sergio Massa unveiled plans to utilize excess natural gas from the Vaca Muerta oil fields to mine Bitcoin. However, following his proposal, the local crypto community opposed the government’s direct involvement in Bitcoin (BTC) mining. In late October...

Chinese Energy Giant PetroChina Sets New Precedent with e-CNY Crude Oil Deal

25.10.2023
In a historical first, PetroChina – a Chinese-state-owned oil and gas company – has officially completed its first international crude oil trade using the digital yuan (e-CNY). The Shanghai Petroleum and Natural Gas Exchange (SHPGX) announced the transaction on Friday, confirming that PetroChina...

On the Road to Yuan Internalization: Petrochina Completes First Digital Yuan Settlement

24.10.2023
Petrochina, the largest Asian oil and gas producer, has completed a settlement using the Chinese central bank digital currency (CBDC), the digital yuan. The operation, which involved a purchase of 1 million crude barrels through the Shanghai Oil and Gas Trading Center platform, marks the first time...

Chinese digital yuan CBDC used for first time to settle cross-border oil deal

23.10.2023
CBDC and de-dollarization saw major strides last week with the 1-million barrel deal on the Shanghai Petroleum and Natural Gas Exchange

Digital Yuan Enters Oil Market as PetroChina Finalizes First International Crude Trade in CBDC

23.10.2023
PetroChina inked a major deal on October 18, becoming the first company to complete an international crude oil trade using China's central bank digital currency (CBDC), the Digital Yuan. The transaction was reported by China Daily, a media outlet owned by the Chinese Communist Party. This move...

PetroChina Completes First International Crude Oil Trade in Digital Yuan: Report

23.10.2023
PetroChina bought 1 million barrels of crude oil settled in e-CNY at the Shanghai Petroleum and Natural Gas Exchange

Economists Warn Direct Iran-Israel War Could Trigger Global Recession

20.10.2023
Bloomberg’s economists have warned that a direct war between Iran and Israel could trigger a global recession. “Soaring oil prices and plunging risk assets would deal a substantial blow to growth, and take inflation a notch higher,” they said. “The wider the conflict spreads, the more...

India state refiner HPCL uses blockchain to verify purchase orders

19.10.2023
Hindustan Petroleum, one of India’s largest oil and gas companies, is launching a blockchain system to enable automated verification of purchase orders

Israel-Hamas Conflict Shakes Global Markets: Emerging Stocks and Crypto Slide, Oil and Metals Surge

9.10.2023
Global markets took a hit today as tensions between Israel and Hamas escalated into full-blown warfare over the weekend. The conflict has caused ripples across asset classes, sending emerging stocks and cryptocurrencies on a downward trend while boosting the value of oil and precious metals....

Tensions in Israel Reverberate Globally — US Equities, Cryptos Falter Amid Mideast Conflict; Oil and Metals Capitalize

9.10.2023
Markets faced turbulence on Monday as all four major U.S. indices took a downward turn, influenced by the Israel-Hamas conflict which escalated into an outright war over the weekend. The crypto economy experienced a 1.8% dip against the U.S. dollar on the same day. Meanwhile, the onset of...

Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets

9.10.2023
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets....

Crypto Market Stable, Oil Prices Surge as Hamas Attack on Israel Jolts Markets

9.10.2023
The U.S. pre-market futures slid Monday morning, while stock indexes in Asia slumped

Big Oil's Using Fortnite, TikTok, And Twitch In Effort To Convince Kids Fossil Fuels Are Cool

6.10.2023
Kids today only care about online free-to-play shooter Fortnite. They don’t even talk about how great gasoline is! Luckily for us, one large oil company wants to change that using Fortnite, TikTok stars, and Twitch streamers. Welcome to Hell. Read more